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» Chronological View: " Office " «

Union Investment acquires office property in Granite Park campus in Dallas

Union Investment has acquired the Granite Park VII office property in Dallas. Completed in 2017, the building offers 30,000 sq meters of prime office space and is fully let on a long-term lease to US government sponsored entity, Fannie Mae. The vendor is Granite Properties, the developer of the Granite Park campus, which curr...
Wednesday, 17. October 2018

CLS Holdings sells Buspace Studios in London

CLS has completed the sale of Buspace Studios, 10 Conlan Street, London W10 for a consideration of £13.5 million (c. €15.3 million). The property comprised 32,537 sq ft (3,023 sqm) of office space and realised a profit of 4.2% above its valuation at 30 June 2018 of £12.95 million (c. €14.7 million), which was unchanged from 3...
Wednesday, 17. October 2018

CLS Holdings to let 3,035 sqm at East Gate near Munich

CLS today announces two further lettings totalling 3,035 sqm (32,668 sq ft) at East Gate, Kapellenstrasse 12, Feldkirchen, Greater Munich, comprising 2,116 sqm of office space to a leading provider of automobile parts and 919 sqm to an established restauranteur who will operate the in-house restaurant.
Tuesday, 16. October 2018

Pembroke announces office opening and new hires in Germany

Pembroke has announced the opening of a new Munich office, cementing its commitment to Germany, and bringing its office footprint to seven global locations. The company’s new office will be located in the Grade A, mixed-use Maximilianhöfe on Maximillianstrasse. Overseeing the new office will be Christian Bosiljanoff, who will...
Tuesday, 16. October 2018

Unibail-Rodamco-Westfield enters into an agreement to sell the Tour Ariane

Unibail-Rodamco-Westfield entered into an agreement with GIC for the sale of Tour Ariane in La Défense. The net disposal price of €464.9m represents a premium to the latest unaffected book value. Tour Ariane is an office building with a GLA of over 64,500 m² located in the heart of the La Défense business district (Paris regi...
Tuesday, 16. October 2018

TLG Immobilien presents Alexanderplatz project at the Baukollegium in Berlin

TLG Immobilien AG has presented its project on Alexanderstrasse 1, 3, 5 at the corner of Karl-Liebknecht-Strasse 30 on plots A9, A10 and A11 on outer Alexanderplatz based on a volume story to Baukollegium. The company is planning to construct three new buildings including two towers along Alexanderstrasse. In total, based on...
Tuesday, 16. October 2018

Wihlborgs breaks ground for Prisma

Wihlborgs has celebrated the ground breaking for its new Prisma office building in the Oceanhamnen district of Helsingborg. In autumn 2020, 11,000 m² of ultra-modern premises will be ready for occupancy. Prisma was drawn by Erik Giudice Architects and will meet stringent sustainability requirements, being certified to SGBC Go...
Tuesday, 16. October 2018

Council chiefs go on site tour of Bridgwater Gateway business park

Leading council figures were given a tour of the latest progress on work at the £150 million (c. €170 million) Bridgwater Gateway business park. Senior members of Sedgemoor District Council’s planning and economic development teams went on a site visit to the 100-acre mixed-use development.
Tuesday, 16. October 2018

Kennedy Wilson agrees new lease with Asos for all of Leavesden Park

Kennedy Wilson has leased the remaining office space at Leavesden Park, near Watford to Asos plc, which has taken a new 15-year term certain lease over 125,000 sq ft of space, which was recently surrendered by BT Group plc. Following a full refurbishment of the office accommodation, Asos will occupy the space from mid-2019. S...
Tuesday, 16. October 2018

CLS Holdings completes sale of Buspace Studios

CLS has completed the sale of Buspace Studios, 10 Conlan Street, London W10 for a consideration of £13.5 million (c. €15.4 million). The property comprised 32,537 sq ft (3,023 sqm) of office space and realised a profit of 4.2% above its valuation at 30 June 2018 of £12.95 million (c. €14.7 million), which was unchanged from 3...
Tuesday, 16. October 2018

DEMIRE leases 1,700 sqm to Softline in the Gutenberggalerie in Leipzig

DEMIRE Deutsche Mittelstand Real Estate AG has rented approximately 1,700 m² of office space to Softline AG in the Gutenberggalerie in Leipzig. Softline AG is the parent company of the Softline Group. The company, which has been a tenant in the property since 2011, extended its lease ahead of schedule and rented around 300 m²...
Tuesday, 16. October 2018

Savills move into new HQ in Belfast

Savills has relocated to Longbridge House in Belfast’s Cathedral Quarter. Up until now, the multinational firm has been based on the first floor of Lesley Studios on May Street where they have been for the past 13 years. In that time, the Belfast office has grown from the original team of 2 people to over 20 staff members. CG...
Tuesday, 16. October 2018

Ardian and Prelios SGR sell of two office buildings in central Milan

Ardian and Prelios SGR S.p.A. today announce the sale of two office buildings in central Milan to a foreign institutional investor. AREEF 1 - SICAF S.p.A., a company managed by Prelios SGR S.p.A. and fully subscribed by Ardian Real Estate European Fund SCS (AREEF I) managed by Ardian, sold the two core buildings located in Vi...
Monday, 15. October 2018

Bank of London and The Middle East buys Glasgow City Centre office asset for £55m

Bank of London and The Middle East has acquired 1 Atlantic Quay, Glasgow for £55m (c. €62.4m) from MREFIII. Located in the heart of Glasgow’s financial district, Atlantic Quay 1 is a recently refurbished Grade A prime office investment extending to 121,737 sq ft. The property is primarily let to the UK government and accounts...
Monday, 15. October 2018

P\S\L Group Europe disposes of its existing office space and relocates to the West End

P\S\L Group Europe has disposed of its existing office space and relocated the business in the West End in London. The medical marketing specialist has sub-let 75 Davies Street, Mayfair W1 to Lodha Developers on a short-term basis to April 2020. The 9,787 sq ft office has been taken at a rent of £50.00 (c. €56.7) per sq ft. A...
Monday, 15. October 2018

Helical lets penultimate floor at Creechurch Place to West of England

Helical plc and Healthcare of Ontario Pension Plan (HOOPP) have let a further floor at One Creechurch Place, the prime office scheme located in the heart of London’s tech and insurance district, meaning that only the fourth floor (16,023 sq ft) of the 17 storey building – or 6% – remains available. West of England has agree...
Monday, 15. October 2018

Danfoss Power Solutions closes a deal in Bielany Wrocławskie

Danfoss Power Solutions has signed an 11,088 sq m office and warehouse lease at logistics park Hillwood Wrocław I BIS. The tenant was represented in the transaction by global real estate services firm Cushman & Wakefield. Hillwood Wrocław I BIS is an industrial park offering 27,000 sq m of warehouse space. It is located in Bi...
Monday, 15. October 2018

Mazars signs nine-year lease for 2,200 sq m of office space in Luxembourg

Mazars has signed a nine-year lease for 2,200 sq m of office space in the Cloche D’Or area in Luxembourg. The property, which is owned by Leasinvest Luxembourg, is part of a wider 4,000 sq m of office space in the emerging Cloche D’Or district in the southern part of the city. The building is one of the properties in the mixe...
Monday, 15. October 2018